TRAMETAL
ActiveTRAMETAL has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €350k and a net result of €5k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 81% of 122 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.55 against 4.06 in 2023; short-term debt: 21.2% and cash: 48.2% of total assets), and 21.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €350k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
29 d late
2022
17 d late
2021
4 d early
2020
2 d early
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 83.8%
2023 · €28k
2018: €53k
2019: €17k
2020: €-58k
2021: €24k
2022: €4k
2023: €28k
2018 → 2024
Working capital
€336k▲ 1.4%
2023 · €331k
2018: €298k
2019: €319k
2020: €264k
2021: €308k
2022: €303k
2023: €331k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€289k-€313k▲ 8.4%€317k▲ 1.1%€345k▲ 8.9%€350k▲ 1.3%
Operating result€-56k-€26k€7k▼ 75.2%€43k▲ 554%€11k▼ 74.2%
Net result€-58k-€24k€4k▼ 85.4%€28k▲ 698%€5k▼ 83.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 74% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €446k
Fixed assets
€16k▼ 32.5%
Current assets
€430k▼ 2.0%
Equity and liabilities €446k
Equity
€350k▲ 1.3%
Debt
€96k▼ 17.9%
The debt ratio falls from 25.4% to 21.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2023 · €50k
Cash flow
€12k▼
2023 · €36k
Solvency
78.4%▲
2023 · 74.6%
Current ratio
4.55▲
2023 · 4.06
Quick ratio
4.55▲
2023 · 4.06
Debt / equity
0.28▼
2023 · 0.34
ROE
1.3%▼
2023 · 8.2%
ROA
1.0%▼
2023 · 6.1%
Interest coverage
15.05▼
2023 · 35.88
Debt
€96k▼
2023 · €118k
Debt ≤ 1 year
€95k▼
2023 · €108k
Debt > 1 year
€2k▼
2023 · €9k
Income taxes
€5k▼
2023 · €14k
Staff costs
€188k▲
2023 · €167k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€463k€446k▼
Fixed assets21/28€23k€16k▼
Tangible fixed assets22/27€23k€16k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€21k€14k▼
Current assets29/58€439k€430k▼
Amounts receivable within one year40/41€289k€215k▼
Trade receivables40€222k€157k▼
Other amounts receivable41€67k€58k▼
Current investments50/53€787€792▲
Cash at bank and in hand54/58€149k€215k▲
Equity and liabilities
Total equity and liabilities10/49€463k€446k▼
Equity10/15€345k€350k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€210k€210k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€204k€204k=
Profit (loss) carried forward14€73k€77k▲
Amounts payable17/49€118k€96k▼
Amounts payable after more than one year17€9k€2k▼
Financial debts170/4€9k€2k▼
Amounts payable within one year42/48€108k€95k▼
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€31k€29k▼
Suppliers440/4€31k€29k▼
Taxes, remuneration and social security45€25k€20k▼
Taxes450/3€9k€257▼
Remuneration and social security454/9€16k€20k▲
Other amounts payable47/48€45k€38k▼
Income statement
Code20232024
Remuneration, social security and pensions62€167k€188k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€4k€4k▲
Gross operating margin9900€221k€210k▼
Operating profit (loss)9901€43k€11k▼
Financial income75/76B€460€82▼
Recurring financial income75€460€82▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€42k€10k▼
Income taxes67/77€14k€5k▼
Profit (loss) for the period9904€28k€5k▼
Profit (loss) for the period to be appropriated9905€28k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€77k▲
Profit (loss) brought forward from the previous period14P€45k€73k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-58k ▼444%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Morlanwelz · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Cronfestu(MLZ) 957140 MorlanwelzGround area
1,541 m²
Building footprint
76 m²
Parcel 56057B0410/00S002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Cronfestu(MLZ) 95, 7140 Morlanwelz
since 19842.024.738.903
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057B0410/00S002 | Wallonia | 1,541 m² | 1 · 76 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NEW TUBE
BE 0455.545.652
Bernissart · Eq €349k
ZENAIDA
BE 0451.120.670
Brussel · Eq €320k
AMPCO METAL BENELUX
BE 0403.905.327
Ans · Eq €307k
CAST IRON
BE 0635.791.844
Beerse · Eq €416k
FIRMA MARTIN
BE 0400.087.980
Izegem · Eq €243k
Of 54 companies in sector 24510 we hold annual accounts for 44. 22 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-05-1984
Fiscal year end31-12
Activities, NACEBEL
24510Manufacture of basic metals
25530Machining of metals
28520
25220Manufacture of fabricated metal products, except machinery and equipment
28210
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.